XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1160%/8h= −127.1% APRnext payment −$1.45 per $10,000 · paid last 24h −0.049%

Price spread now: Kraken Futures against SoDEX−0.215%7-day average −0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$610.611% of the position

Long on SoDEX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.273%−$27 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.215%, 7d avg −0.163%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Kraken Futures is 0.052% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.163%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.273% in total (about -29.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XMR-USD	572.79	0.1386	pay 0.0173% / 1h	23m 47s	$435K	$3K	5x
Short	Kraken Futures PF_XMRUSD	571.56	0.0226	get 0.0028% / 1h	23m 47s	$5.4M	$19.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee Kraken FuturesbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$243.68
Price spread: −0.215% → −0.163%: −$5.23
Slippage, 4 orders: −$43.07
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$309.98
Costs to cover: 0.611%
Break-even: never at this rate

Slippage from SoDEX: live order book, 30 min ago; Kraken Futures: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 30 min ago	0.09 bp	13.6 bp −$14	44.0 bp −$440	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	4.63 bp	24.1 bp −$24	43.9 bp −$439	128.5 bp −$12.9K	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0003%	1h	571.83	−0.168%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.704%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.10	+0.054%	$1.0M	$643K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.16	−0.110%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.80	+0.002%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	573.06	+0.046%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0226%	1h	571.56	−0.215%	$5.4M	$19.5M	50x
Paradex XMR-USD-PERP	+0.0266%	8h	573.03	+0.042%	$8K	$4K	20x	as long as short
KuCoin XMRUSDTM	+0.0322%	8h	572.16	−0.110%	$45.0M	$26.4M	50x	as long as short
Gate XMR_USDT	+0.0510%	8h	572.36	−0.075%	$1.5M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0521%	8h	573.02	+0.040%	$9.4M	$13.5M	50x	as long as short
MEXC XMR_USDT	+0.0552%	8h	572.86	+0.012%	$19.8M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0552%	8h	572.82	+0.005%	$52.3M	$163.5M	75x	as long as short
BingX XMR-USDT	+0.0560%	8h	573.15	+0.063%	—	$5.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0578%	1h	572.30	−0.086%	$169K	$532K	20x	as long as short
Lighter XMR	+0.0584%	1h	572.72	−0.012%	$3.1M	$7.5M	10x	as long as short
Bybit XMRUSDT	+0.0622%	8h	572.92	+0.023%	$46.7M	$64.4M	75x	as long as short
Extended XMR-USD	+0.0664%	1h	572.80	+0.003%	$3.1M	$8.3M	25x	as long as short
Pacifica XMR	+0.0682%	1h	572.98	+0.033%	$265K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0701%	8h	572.42	−0.065%	$638K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0740%	1h	572.59	−0.035%	$25K	$2.2M	5x	as long as short
BloFin XMR-USDT	+0.0908%	8h	572.55	−0.042%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0952%	8h	573.58	+0.137%	$337K	$726K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1217%	1h	571.53	−0.219%	$595K	—	100x	as long as short
Nado XMR-PERP	+0.1073%	1h	573.00	+0.037%	$1.3M	$458K	10x	as long as short
dYdX XMR-USD	+0.1086%	1h	571.66	−0.198%	$104K	$44K	5x	as long as short
Variational Omni XMR	+0.1129%	8h	572.77	−0.004%	$6.3M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1132%	8h	572.59	−0.035%	$40K	$735K	10x	as long as short
Hyperliquid XMR	+0.1258%	1h	572.83	+0.007%	$86.3M	$71.2M	5x	as long as short
SoDEX XMR-USDlong	+0.1386%	1h	572.79	long leg	$435K	$3K	5x
Aftermath Perps XMRUSD	+0.1938%	1h	572.80	+0.001%	$1K	$43K	10x	as long as short